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Fill the blank a with the total amount after M-1 adjustment. From b to t except e and r, fill in with the value and

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Fill the blank a with the total amount after M-1 adjustment.

From b to t except e and r, fill in with the value and mark whether it is plus or minus sign. (e.g. ($1,000) for negative amount and $1,000 for positive amount)

For e and r, enter the appropriate value for tax report.

Many people just copy and paste the answer from other posts and that's very unprofessional and such a waste of time & energy for everyone. Please don't do that. I already looked up on Chegg and there is no correct answer. For example, this answer below is wrong:

ANSWER-

a. Book

b 1880000 +

c. 2400 +

d 16400 +

e.

f 14000-

g 800000-

h 240000-

i 76800-

j 12000-

k 30000-

l 2000-

m 10000-

n 2000-

o 10000-

p 7000-

q 75200-

r 80000-

s

t 186560

Simulation 1. Enter values in each column(a-t) when the Corp began business in January current year. Indicate the values as positive or negative M-1 Adjustment Book income a Income Statement Tax Book 1,880,000 b 1,880,000 2,400 16,400 16,400 d e f Income Consulting feees Tax exempt interest Interest on bank account Expenses Organization expenses Officer salaries Salary and wages Rent Utilities Advertising Repairs Taxes Employee benefits Interest Supplies Depreciation Income before contributions Charitable contributions Pre tax income g h i j k | 800,000 240,000 76,800 12,000 30,000 2,000 10,000 2,000 10,000 7,000 75,200 625,693 m 14,000 800,000 240,000 76,800 12,000 30,000 2,000 10,000 2,000 10,000 7,000 30,400 664,600 80,000 584,600 186,560 398,040 n O p q S ? ? ? t Net income Simulation 1. Enter values in each column(a-t) when the Corp began business in January current year. Indicate the values as positive or negative M-1 Adjustment Book income a Income Statement Tax Book 1,880,000 b 1,880,000 2,400 16,400 16,400 d e f Income Consulting feees Tax exempt interest Interest on bank account Expenses Organization expenses Officer salaries Salary and wages Rent Utilities Advertising Repairs Taxes Employee benefits Interest Supplies Depreciation Income before contributions Charitable contributions Pre tax income g h i j k | 800,000 240,000 76,800 12,000 30,000 2,000 10,000 2,000 10,000 7,000 75,200 625,693 m 14,000 800,000 240,000 76,800 12,000 30,000 2,000 10,000 2,000 10,000 7,000 30,400 664,600 80,000 584,600 186,560 398,040 n O p q S ? ? ? t Net income

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